Ask Experts Questions for FREE Help !
Ask
    bagel2756's Avatar
    bagel2756 Posts: 26, Reputation: 1
    New Member
    		  
    #1

    Dec 29, 2011, 09:13 AM
    I want to buy a used car from a private party, what is the sure way to get paid?
    Can a stop payment be initiated by the purchaser of a bank check or bank money order?
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
    current pert
    		  
    #2

    Dec 29, 2011, 09:19 AM
    No, neither one can. They can be counterfeit though.
    This isn't making sense. If you are the buyer, why are you worried about being paid?
    When you buy a car you either hand over green cash after seeing the title and no liens on it and proof that it belongs to the person selling it, by seeing an ID
    OR
    You meet at the seller's bank and the buyer bankwires the funds while the bank faxes a copy of the title, after which he hands over the title. The buyer would set up the bankwire in person at his bank because he will have to sign a form.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Selling a car from a private party? [ 1 Answers ]

If you are selling a car to a private party and your title has a lien holder listed on it do you need to obtain a clean title with just you, the seller's name on it for the new buyer.

What is the law for buying a used car from a private party,car wasn't well maintaine [ 1 Answers ]

Seller stated car was well maintained, machanic states car is poorly maintained. The back brakes had to be replaced including rotors on the 4th day after I bought it. The bottom of the engine is soaked in oil and there is a knocking noise. I asked for their maintenance records but was told they...

Can I minor buy a car from a private party in Calif [ 9 Answers ]

My grandson bought a car from a private party for $700.00. He is 17 years old, but does have a Calif. Driver license. The car is very beat up, the transmission went out on the way home, and I don't think there is any oil in the car. The person he bought it from signed the pink slip and gave it...

How do I get car title from a private party [ 4 Answers ]

I bought a car from a friend. Have had the car for over a year and it is paid off. The friend said he was working on getting the lost title but I never got it. He has since moved to another state and refuses to return my call. I now have a car that I have no title to cannot register or get...

Used Car Case - Private Party [ 6 Answers ]

I stay in California and I had bought the car just 2 months ago from a private party . The car needed some repairs ( Cold start problem ) and after I bought the car , the mechanic fixed the problem by placing some part in a tank overnight to clean it up and did some tuning on the car . Now I had...

View more questions Search